In Part I of this two-part series, I introduced my thoughts on the first half of the Ten Golden Rules’ webinar – “Thought Leaders Forum – What’s Next in Internet Marketing.” Presenters on the panel included Ten Golden Rules CEO, Jay Berkowitz, semantics expert and Bintro.com CEO, Richard Stanton, Facebook Goddess and Relationship Marketing Specialist, Mari Smith, Biz Web Coach, Jim Kukral, iClarity Founder, Maria Harrison, PeoplePond Founder, David McInnis, and author Rohit Bhargava. The following is Part II of my thoughts on the session:
5) Maria Harrison: Video is changing online advertising. In November of 2008, there were 12.7 million views of videos on YouTube, up a third from the same period in the previous year. The current use of video is mainly for entertainment, but this focus is changing as Generation X catches up. The reason this has taken so long is broadband access, but now that this is becoming less of an issue, video is becoming more important and useful. Maria noted that successful video advertisers will look to engage their audience, instead of interrupting their experience, so users will see things like in-page ads and self-service ad platforms, such as Google Video. She cautioned that return on investment is still key.
** Legal industry takeaway: With such strict advertising rules, I don’t think there will be too many law firms using online video for advertising purposes. However, there may be opportunities for educational videos produced by law firms. Firms should also think about innovative ways to introduce the use of online video, similar to Holland & Hart’s use of video on in their five-minute television shows featuring innovative clients, which aired on Frontier Airline’s Wild Blue Yonder network and online in 2007.Continue Reading Thought Leaders Forum – What’s Next in Internet Marketing Part II


